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=== TRACECA === {{See also|North-South Transport Corridor|Silk Road#Persian Royal Road|l2=Persian Royal Road & Silk Road}} In September 2009, Iran formally joined the Transport Corridor Europe β Caucasus β Asia ([[TRACECA]]) programme, also known as the "new [[Silk Road]]." TRACECA was founded in 1998 with the aim of promoting economic relations, trade and transport communications between Europe, the Caucasus and Asia. This programme consists of the EU and 14 member states (including Iran) from Eastern Europe and the Caucasus. Iran's strategic location means that it is a key transport corridor between Europe and Central Asia. In August 2010, Iran declared that it "did not sign on to TRACECA project" and said it has been fostering improved transport links through a series of bilateral agreements with neighboring states instead.{{citation needed|date=August 2021}} According to Iran's first Vice-President [[Mohammad-Reza Rahimi]] "If all the potential of the country's transit sector is tapped, it can bring in as much revenues as [[Petroleum industry in Iran|[the] oil [industry]]]". He also announced that Iran will join China and Europe by rail in the near future.{{citation needed|date=August 2021}}
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